How Did Augur’s Price Fare Yesterday?
Augur is up by approximately 6.36% from the previous day, with its price currently hovering around $9.348 USD. This marked the the 4th consecutive day Augur has been up; it is still in a downtrend, and is currently 8.24% below its 20 day moving average; staying above this level may be critical to sustain short-term momentum. From another vantage point, note that price has gone up 6 of the past 10 days. Another data point we may find worthy of observation is that price for Augur has increased 6 of the previous 10 days.
As for Augur’s expected trading range — as forecasted by the Bollinger bands indicator, which determines a range based on momentum and volatility over the past two weeks — is between $5.97165 and $14.40245. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.
The market capitalization of Augur, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $102 million.
Update on Transactions and Holders
Yesterday saw NA transfers amongst holders of Augur. Regarding a tally of holders, Yesterday saw Augur’s wallet count NA by NA. To further our understanding of engagement we can observe the ratio of daily active users to monthly active users; that ratio now stands at NA, with NA wallets making a transfer this past day and NA wallets having made a transfer in the past month.
How are the Strong Holders of Augur Faring?
And in regards to wealth distribution, note that the top 1,000 Augur wallets hold over 62.68% of the token’s total money supply. If we focus on exchanges, which may be an correlated with liquidity and greater confidence in the currency, the exchange wallets that are in the top 1,000 wallets own 1.42% of the currency’s total money supply. The week over week growth rate in the share of the total supply of the top 1,000 wallets has changed by 0.02%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by 0.06%.
Article by SixJupiter
